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Rewards Analyst
Job in
Indianapolis, Hamilton County, Indiana, 46262, USA
Listed on 2026-07-13
Listing for:
Jobtailor
Full Time
position Listed on 2026-07-13
Job specializations:
-
HR/Recruitment
Regulatory Compliance Specialist, HRIS Specialist
Job Description & How to Apply Below
Location: Indianapolis
Responsibilities
- The Total Rewards Analyst is responsible for the operational administration, analysis, and continuous improvement of compensation and benefits programs.
- Owns day-to-day Total Rewards analytics, reporting, and program execution.
- Supports strategic program development led by the Total Rewards Program Manager.
- Conducts market pricing and benchmarking; evaluates roles for grade and salary placement.
- Maintains pay structures, job architecture, and compensation documentation.
- Analyzes internal equity, market competitiveness, and pay relationships.
- Produces recurring compensation reports and dashboards.
- Tracks key metrics (compa-ratio, range penetration, market index, pay equity indicators).
- Supports merit, bonus, and incentive cycles (modeling, tracking, reporting).
- Identifies compression, inversion, and retention risks.
- Participates in salary surveys and analyzes results.
- Administers benefit programs including enrollments, life event changes, and employee inquiries.
- Supports open enrollment execution (system configuration, communications, vendor coordination).
- Monitors participation, utilization, and vendor reporting.
- Maintains accurate benefit records and documentation.
- Develops and maintains IHI’s employee benefits site and employee benefits education.
- Develops and maintains standardized and self-service HR/Total Rewards reports (e.g., ADP).
- Reduces reliance on manual report pulls by enabling HR team access and usability.
- Ensures data integrity across compensation and benefits systems.
- Delivers analytics to support operational and leadership decision-making.
- Provides analytical and administrative support for disability and leave management programs.
- Serves as day‑to‑day liaison with vendors, brokers, and third‑party administrators.
- Develops, documents, and maintains SOPs for recurring Total Rewards processes.
- Executes administrative processes aligned with defined SOPs.
- Supports year‑end activities including open enrollment and compensation cycles.
- Partners with HR Generalist on job evaluation, leveling, and organizational design.
- Provides guidance to HR Generalists on compensation and benefits processes.
- Partners with HR Generalist and managers to administer disability, leave of absence, and accommodation programs.
- Supports Total Rewards Program Manager with data, analysis, and presentation materials.
- Minimum Bachelor’s degree in human resources or related field, or 5 years of experience in Human Resources, required.
- Minimum 1-3 years of benefits, compensation, HR analytics, finance, or related experience; healthcare experience preferred.
- Knowledge of employee benefits and applicable laws and regulations.
- Proficiency in Word and Microsoft Office, including Microsoft Excel and PowerPoint.
- Knowledge of appropriate analysis and application of competitive salary surveys.
- Strong Excel proficiency skills.
- Skills with preparing presentations leveraging data analytics.
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